The Central Bank of Cyprus published monetary financial institutions deposit and loan statistics for March 2025, showing a small net outflow in deposits and a much larger increase in lending. Total deposits recorded a net decrease of EUR 1 million to EUR 55.9 billion and the annual growth rate eased to 7.1% from 7.7% in February 2025. Total loans rose by EUR 429.9 million to EUR 25.5 billion, lifting the annual growth rate to 3.1% from 1.9%. Deposits of Cypriot residents fell by EUR 22.5 million, with households up EUR 13.6 million and non-financial corporations up EUR 400.1 million, offset by a EUR 436.1 million decline in other domestic sectors including investment funds, other financial intermediaries, insurance companies and pension funds and general government. Loans to Cypriot residents increased by EUR 269.9 million, including rises of EUR 29.8 million for households and EUR 188.6 million for non-financial corporations, while other domestic sectors increased by EUR 51.5 million. Net increases and decreases represent transactions and exclude changes from reclassifications, exchange rates and other adjustments.
Central Bank of Cyprus 2025-04-29
Central Bank of Cyprus publishes March 2025 MFI statistics showing EUR 55.9 billion deposits and a EUR 429.9 million rise in loans
The Central Bank of Cyprus released March 2025 statistics showing a net deposit outflow of EUR 1 million, reducing total deposits to EUR 55.9 billion, with annual growth slowing to 7.1%. Conversely, total loans increased by EUR 429.9 million to EUR 25.5 billion, raising the annual growth rate to 3.1%. Resident deposits fell by EUR 22.5 million, while resident loans rose by EUR 269.9 million, driven by household and corporate borrowing.